What Are Tokenized Metals and How Do They Work?

[kevin1]

Tokenized metals are digital assets that represent ownership of real, physical metals like gold or silver. Each token is backed by a specific amount of metal stored in secure vaults, and ownership is recorded on a blockchain, allowing tokens to be transferred or traded digitally.

This system combines the stability of precious metals with the efficiency of blockchain technology. Instead of dealing with physical delivery, storage, or paperwork, investors can buy, sell, and hold metals instantly using digital wallets.

[ed]

tokenized metals make way more sense once you realize how annoying physical gold actually is